Afternoon Report; Apple -- Is Anyone Paying Attention? -- October 25, 2021

Monday night football: should be a good one -- New Orleans Saints at Seattle Seahawks.

Melissa's "Fast Money" a complete disappointment: the full hour spent on Facebook earnings; Tesla valuation; international hacking threat; and ended with some closing comments and odds and ends; worst program ever;

Rivian: delivering now, the R1T pickup truck.

Apple: deep dive into M1 Pro and M1 Max; highlights performance and efficiency improvements, source. Is anyone paying attention?

"The chips here aren't only able to outclass any competitor laptop design, but also competes against the best desktop systems out there, you'd have to bring out server-class hardware to get ahead of the M1 Max – it's just generally absurd."

The site was expecting significant boosts in performance, but "didn't expect some of the monstrous increases that the new chips are able to achieve." The chips outclass any competing laptop design, and also rival the best desktop systems available.

ISO New, link here:

• as usual, spiked at 6:00 a.m., never really recovered from the spike to $80/MWh
• spiked again during mid-day, this time to $110
• pretty much stayed at $80 all day long;

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Let's Go, Bakken

Active rigs:

$83.63	10/25/2021	10/25/2020	10/25/2019	10/25/2018	10/25/2017
Active Rigs	29	14	57	68	54

Three new permits:

• Operator: MRO
• Field: Bailey (Dunn)
• Comments:
• MRO has permits for three new wells in Bailey oil field, Rossol, Tarpy, and Ludwig; to be sited in lot 3 section 6-145-93
• the wells will be sited between 354 and 355 FNL and between 1741 and 1661 FWL

Two permits renewed:

• Grayson Mill, #37207, A Tufto in Williams County
• BR, #37925, Lone Beaver in McKenzie County

One permit canceled:

• Rimrock Oil & Gas, #31436, Narwhal in Dunn County

Four producing wells (DUCs) reported as completed:

• 35449, 1,674, QEP, MHA 4-27-26H-150-92, Van Hook,

Date	Oil Runs	MCF Sold
8-2021	21734	10114
7-2021	23293	10762
6-2021	21330	10735
5-2021	30785	11741
4-2021	1393	161

• 37743, 3,862, MRO, Grinnel USA 33-14H, Moccasin Creek, scout ticket not updated;
  

Pool	Date	Days	BBLS Oil	Runs	BBLS Water	MCF Prod	MCF Sold	Vent/Flare
BAKKEN	8-2021	15	14908	15507	10062	10522	9328	0
BAKKEN	7-2021	31	34540	34452	23526	24446	21169	597
BAKKEN	6-2021	30	53411	53327	42244	34241	29815	738
BAKKEN	5-2021	29	45451	44471	37257	27503	20618	3887
BAKKEN	4-2021	10	0	0	643	0	0	0

• 37606, 1,625, CLR, Carus 3-28H, Cedar Coulee, scout ticket not updated;
• 37054, 885, CLR, Angus Federal 13-9H2, Elm Tree, no production data; scout ticked not updated;